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⚡ Looks like the correction on $VELVETUSDT may be coming to an end
What would you do here: take the setup, wait, or skip?
Before this, the coin showed a strong upward move, followed by a pullback on the 15m timeframe.Price is now slowing down near an important area, creating a possible entry opportunity.
🔔 Possible entry: 0.43126387 - 0.43393⚠️ Stop: 0.42280772
💰 TP1: 0.44727674💰 TP2: 0.5885863
The idea is simple: after a strong impulse move, the market often makes a correction and then attempts to continue the main direction.
If buyers regain control, price may continue moving higher.
📉 The chart shows:• the impulse move• the correction• possible entry area• stop and targets